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not the one by the federal government, but one stress test nonetheless. among other findings here, the failing banks would have to raise an additional $25 billion in capital to achieve a passing grade. >> joining us now with exclusive details is matthew anderson. he's part of the company that conducted the study. how do you come up with this? what methodology did you use? >> i'm glad you outlined that our stress test is just that, it's our application of an economic scenario, a downside economic scenario to bank earnings and bank capital. so what we did is we took the sort of variables that the federal reserve was forecasting in their c-card stress testing of the largest banks and applied that same sort of scenario to the entire universe of banks. >> are you tougher than the feds? >> we're probably tougher in some areas. we don't have all the data at our fingertips that they have, so they have a bit of an information edge. but i think we're pretty harsh. >> now, the banks that you identified, are they small banks, are they banks that everybody knows, are
not the one by the federal government, but one stress test nonetheless. among other findings here, the failing banks would have to raise an additional $25 billion in capital to achieve a passing grade. >> joining us now with exclusive details is matthew anderson. he's part of the company that conducted the study. how do you come up with this? what methodology did you use? >> i'm glad you outlined that our stress test is just that, it's our application of an economic scenario, a...
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Oct 9, 2012
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the government needs to clear the zone. they've offered these life preservers for years, and it prevents the healing process from truly beginning. >> jason, what do you think? you're arguing these programs should continue. why should taxpayers be subsidizing something banks would likely do on their own since it's in their best interest any way? >> there's a light at the end of the tunnel for homeowners who are under water. they can see the light at the end of the tunnel. what we're now proposing is to build another five miles of tunnel, and we're going to build those five miles in the next 83 days unless the extension is pass passed. we're at a critical moment in housing right now. the money is finally getting through to homeowners. now is not the time to allow them to go down into foreclosure. rick wanted to propose bulldozing. i'm proposing something sensible. >> i didn't propose it. in the extreme, it makes it so ridiculous that just because this is moving the process along quickly, doesn't mean it's right. the more free
the government needs to clear the zone. they've offered these life preservers for years, and it prevents the healing process from truly beginning. >> jason, what do you think? you're arguing these programs should continue. why should taxpayers be subsidizing something banks would likely do on their own since it's in their best interest any way? >> there's a light at the end of the tunnel for homeowners who are under water. they can see the light at the end of the tunnel. what we're...
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Oct 9, 2012
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, say in september the government hired 187,000 people and in august the government hired 417,000 people, that's 604,000 people the government hired in two months, that's the highest change in government employment since 1948. that's not the bls doing something. that's the government hiring people and then there was part-time, you saw how many part-time people there were suddenly in the report. >> it's people who want to be full time people. >> it lowers the unemployment rate. 114,000 was not a good number. >> no but wait a minute -- >> and jack is like being crucified for just tongue and cheek comment. >> this discussion you're having is over the heads of most american people, including me, okay? >> that's not a high bar for you. >> no, that's not a high bar but let me say this to you. there are people out there that haven't got jobs. there are people out there -- >> they know how they feel. >> exactly, and let's go beyond that. whatever the number is, it vastly understates unemployment. why? because arbitrarily they say if you stop looking for a job, you're no longer unemployed. well,
, say in september the government hired 187,000 people and in august the government hired 417,000 people, that's 604,000 people the government hired in two months, that's the highest change in government employment since 1948. that's not the bls doing something. that's the government hiring people and then there was part-time, you saw how many part-time people there were suddenly in the report. >> it's people who want to be full time people. >> it lowers the unemployment rate....
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Oct 5, 2012
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what is the role of government? the role of government should be limited to certain things. >> i'm just talking about big bird. i think that the country probably will do fine funding big bird for another few years. >> that's not the point. >> i think we'll be fine. >> you know we add another $400 million there, $400 million here. it's real money, bob. >> what do we have, a $4 trillion budget? >> you would blow $400 million because you like big bird? >> what benefit are we getting from having something like a national public radio? what benefit do we get out of that? i think we get benefits out of that. if you argue, why should we go to the moon? >> individuals will give money to them. that's how we do most organizations in this country. >> as you can see, we agree. up next, we're coming right back with the closing countdown. >> critics saying something is wrong with the jobs numbers today. the labor secretary rejecting those charges earlier. >> i'm insulted when i hear that because we have a very professional civil
what is the role of government? the role of government should be limited to certain things. >> i'm just talking about big bird. i think that the country probably will do fine funding big bird for another few years. >> that's not the point. >> i think we'll be fine. >> you know we add another $400 million there, $400 million here. it's real money, bob. >> what do we have, a $4 trillion budget? >> you would blow $400 million because you like big bird? >>...
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Oct 4, 2012
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. >> government trickle down. that is what the phrase that romney used. government trickle down zblin deed. >> i thought that was pretty darn clever. steve right here is cringing already about that. but government trickle down, susan. did that turn you off? >> yeah. very much so. and i think it's an accurate reflection of the philosophy of this administration. >> all right. how about the debate? we'll give you a few seconds. debate last night? please, not please? give me a quickie. >> i think you said it best, larry, when you said that the president's clock was politely cleaned. it was very -- it was visceral. it was in the room. it was clear that the president wasn't on his a game at all. you could see anytime his body language. you could see it with his eyes. moving down. but mitt was on his a game. >> right. >> this is the guy that i have seen over the past 18 months. i find it to be a very interesting construct, romney's war on women, war on dogs. and today it's the war on the real mitt romney. so i thought it was a very intense and very telling contr
. >> government trickle down. that is what the phrase that romney used. government trickle down zblin deed. >> i thought that was pretty darn clever. steve right here is cringing already about that. but government trickle down, susan. did that turn you off? >> yeah. very much so. and i think it's an accurate reflection of the philosophy of this administration. >> all right. how about the debate? we'll give you a few seconds. debate last night? please, not please? give me...
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the first is people and the second is government. >> you're right. if robots taught classes, it would be cheaper. >> exactly. the student/teacher radio in 1980 was 16-1. the student to teacher ratio in 2011 was 16-1. the student-teacher ratio in ancient greece was probably 16-1. to replace people with technology, costs tend to up go and up. the second more recent development is that a state budgets have cut their support for tuition. we've seen that they can cut the support for college. we've seen colleges have had to increase tuition in order to make up that money. you have people on the one hand and their ability to be replaced, then you have dpoft on the other hand. >> i'm wondering -- one of the reasons here is more demand. these days, everybody feels like they need to go to college. right? so obviously demand is fueling this as well but i'm just wondering at what stage will there be a self-correcting cycle? in other words, demand will drop because costs are just getting to high? >> right. the fact is that the price of college is rising and risin
the first is people and the second is government. >> you're right. if robots taught classes, it would be cheaper. >> exactly. the student/teacher radio in 1980 was 16-1. the student to teacher ratio in 2011 was 16-1. the student-teacher ratio in ancient greece was probably 16-1. to replace people with technology, costs tend to up go and up. the second more recent development is that a state budgets have cut their support for tuition. we've seen that they can cut the support for...
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Oct 8, 2012
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there is no role of the chinese government in the company. the committee knows full and very well that when they visited our facilities, that they actually had access to the entire list of all 65,000 of our employee shareholders. look, this industry -- the committee is focused on cyber security concerns. those are very legitimate concerns. but, the fact of the matter is, it's a global industry. hauwei, cisco, eriksson, nokia se seimens operating on a common stage with overlapping -- there are cyber concerns but they are universal. anything short of universal solutions is nothing but political gamesmanship. >> i've done a lot of reporting on it. it goes back to the chinese, broadly speaking, to spy, usually using the internet on u.s. corporations and to steal their secrets wherever they may be and whatever way the chinese can. many say about hauwei, in fact, it came from virtually nothing as a result of today because of stolen intellectual property. how do you respond to that? certainly, you must understand that in the context of that belief,
there is no role of the chinese government in the company. the committee knows full and very well that when they visited our facilities, that they actually had access to the entire list of all 65,000 of our employee shareholders. look, this industry -- the committee is focused on cyber security concerns. those are very legitimate concerns. but, the fact of the matter is, it's a global industry. hauwei, cisco, eriksson, nokia se seimens operating on a common stage with overlapping -- there are...
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under the law, the government could recover triple damages. this is a $570 million suit against wells fargo. we're following it. we'll teep you posted. back to you. >> just off the lows, scott, thank you very much. we're heading toward the close, otherwise, with about 30 minutes left. the dow down 100 points at this hour. when we come back, we look at the health of wall street. new york state comptroller on the looming -- whether the looming fiscal cliff and increasing regulation are threatening wall street's comeback these days. plus, speaking of which, nearly half of all wall streeters are expecting a bigger bonus this year. will they get it in and more importantly, do they deserve it? that debate is coming up. and from bull market speed bump to chaos. breaking out at a bull fight in colombia. we're just wondering, is this scene a preview of what may be coming to our stock market? tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm tra
under the law, the government could recover triple damages. this is a $570 million suit against wells fargo. we're following it. we'll teep you posted. back to you. >> just off the lows, scott, thank you very much. we're heading toward the close, otherwise, with about 30 minutes left. the dow down 100 points at this hour. when we come back, we look at the health of wall street. new york state comptroller on the looming -- whether the looming fiscal cliff and increasing regulation are...
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Oct 6, 2012
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we've shared what we've learned with governments and across the industry so we can all produce energy more safely. i want you to know, there's another commitment bp takes just as seriously: our commitment to america. bp supports nearly two-hundred-fifty thousand jobs in communities across the country. we hired three thousand people just last year. bp invests more in america than in any other country. in fact, over the last five years, no other energy company has invested more in the us than bp. we're working to fuel america for generations to come. today, our commitment to the gulf, and to america, has never been stronger. >>> it is time. it is time for the lightning round! we play until we hear this sound, and then the lightning round is over! are you ready, skedaddy? let's start with rob in new york. >> caller: how you doing, jim. my question about skechers? >> sell, sell, sell. it's sink'ing like a stone. i don't want skechers or deckers. >> ken in california, what's up? >> caller: thank you for your help and guidance. love your show. jim, abbott labs, is it overbought at this poin
we've shared what we've learned with governments and across the industry so we can all produce energy more safely. i want you to know, there's another commitment bp takes just as seriously: our commitment to america. bp supports nearly two-hundred-fifty thousand jobs in communities across the country. we hired three thousand people just last year. bp invests more in america than in any other country. in fact, over the last five years, no other energy company has invested more in the us than bp....
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federal government training programs. and they report to eight different government agencies and so the overhead cost of all of this, this burden and bureaucracy is just killing. i want to take the money the federal government is spending on training, bundle it up, send it back to virginia, its fair share, and let virginia do what's right for the people of virginia with their training dollars. and let me mention as my number four here to get this economy going and to create more good jobs. let me mention something about the deficit. this idea of every year america spending and the federal government a trillion dollars more than we take in is bad for our economy and bad for the next generation. it's immore for us to keep spending than we take in. oil cap federal spending and get us on track to a balanced budget. >> all right. we're going to leave that speech here. and we'll wait to see if he make some specific comments about the jobs report. he didn't. we'll show you what's the average is going. dow is going negative. nasd
federal government training programs. and they report to eight different government agencies and so the overhead cost of all of this, this burden and bureaucracy is just killing. i want to take the money the federal government is spending on training, bundle it up, send it back to virginia, its fair share, and let virginia do what's right for the people of virginia with their training dollars. and let me mention as my number four here to get this economy going and to create more good jobs. let...
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Oct 8, 2012
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in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. extra curricular activities help provide a sense of identity and a path to success. joining the soccer team. getting help with math. going to prom. i want to learn to swim. it's hard to feel normal, when you can't do the normal things. to help, sleep train is collecting donations for the extra activities that, for most kids, are a normal part of growing up. not everyone can be a foster parent... but anyone can help a foster child. >>> welcome back. shares of apple falling today, down more than 8% since the iphone 5 went on sale september 21st. technically the chart is forming a textbook head and shoulders pattern breaking its neck l
in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. extra curricular activities help...
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Oct 3, 2012
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why do you think business leaders fail in government? >> well, ting just requires a very different talent set. governments are democracies. businesses are not. good businesses are not run as democracies. government lives, breathes, and dies on fairness. businesses live on efficiency and innovation. there are many other reasons of that nature. the talents are not transferable. >> they're not transferable. i don't understand that. why wouldn't the talents of leadership be transferable? for example, one thing that president obama has been unable to do is really bring the two sides together. it feels like this country is as more divisive than it ever has been. isn't a good leader's job to bring poeople together so they can buy into the leader's vision? >> it is, but it's very, very different than the business world. you'll have a ceo who's surrounded by staff and subordinates that are basically supposed to adopt his vision. the president is surrounded by members of congress who have minds of their own and off partisan gripes with the preside
why do you think business leaders fail in government? >> well, ting just requires a very different talent set. governments are democracies. businesses are not. good businesses are not run as democracies. government lives, breathes, and dies on fairness. businesses live on efficiency and innovation. there are many other reasons of that nature. the talents are not transferable. >> they're not transferable. i don't understand that. why wouldn't the talents of leadership be...
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he's going to end the government-run health care system. these look like very attractive sectors to me in view of what's coming politically in less than four weeks. >> until you called the election tonight, larry, i didn't know which way it was going to go. but now that you've explained that romney is going to win, then, yes, those are the sectors that i want to buy. but, larry, we still have problems here. we still have this congress whose approval rating is as low as it's ever been and deservedly so. i think these guys are still skating by. i think they're still overrated. without leadership here -- >> let me -- larry, you're absolutely right the doom and gloom coming out of the imf is totally wrong. there are plenty of pockets of strength. you have a picture distorted by a few bad apples, like the spanish who got everything wrong. the southern european welfare states are dying. but china's doing well. germany's exports -- china's were up 10% year over year in august. >> the doom and gloom is not wrong yet. >> germany's exports -- the u.s
he's going to end the government-run health care system. these look like very attractive sectors to me in view of what's coming politically in less than four weeks. >> until you called the election tonight, larry, i didn't know which way it was going to go. but now that you've explained that romney is going to win, then, yes, those are the sectors that i want to buy. but, larry, we still have problems here. we still have this congress whose approval rating is as low as it's ever been and...
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Oct 3, 2012
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she says the iranian government is to blame for the currency crash in that country. she is likely referring to the government's nuclear weapons program that has brought on harsh international sanctions. as mandy and michelle talked about, the iranian currency has absolutely collapsed and the situation getting more desperate in tehran. >>> well, here we are less than seven hours away from president obama and mitt romney squaring off in the first of three presidential debates. there's been a lot of talk that the market is already pricing in an obama re-election. in fact, in trade showing betters placing a 70% chance on an obama re-election. but some new polls suggest romney is closing the gap. so what happens to the markets and your money if mitt romney pulls ahead or wins? joining us, art, is a romney win bad for stocks? art, we're going to get your mike running. is a romney win bad for stocks? >> i think a romney win is great for stocks. at least the psychology will be two things. first, first cal conservati first, fiscal conservative coming in 2013 to help with grow
she says the iranian government is to blame for the currency crash in that country. she is likely referring to the government's nuclear weapons program that has brought on harsh international sanctions. as mandy and michelle talked about, the iranian currency has absolutely collapsed and the situation getting more desperate in tehran. >>> well, here we are less than seven hours away from president obama and mitt romney squaring off in the first of three presidential debates. there's...
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Oct 10, 2012
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business and the federal government, and that he saw the real benefits. he concluded there on the idea that it was a collaboration, basically, between the federal government and a predecessor of boeing that put a person on the moon 40-some years ago. and those are interesting points, a theme that he has struck many times and it is one of the things that i think has entered into this life-long democrat's relationship with the current administration. it's where he has parted company with them. >> it's going to be interesting. he says he's not interested in running for public office. but you just wonder whether or not he wouldn't accept a treasury secretary position if indeed one was offered under either administration. >> yeah. he was certainly explicit about that in his comments in "vanity fair" magazine, that he didn't want it, "i shall not seek, nor will i accept --" >> but on the other hand hank paulson didn't want it either but he took it because of the financial situation the united states was in at the time. >> exactly. >>> now to bertha coombs who's
business and the federal government, and that he saw the real benefits. he concluded there on the idea that it was a collaboration, basically, between the federal government and a predecessor of boeing that put a person on the moon 40-some years ago. and those are interesting points, a theme that he has struck many times and it is one of the things that i think has entered into this life-long democrat's relationship with the current administration. it's where he has parted company with them....
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government doing to restore confidence? they're hosting a roundtable to discuss technology and training. we are joined live from washington, d.c. with more on that. aman. >> it's a day-long roundtable ongoing right now. they're hearing from a variety of industry experts from exchanges and from players who are buying and selling stocks. the message that they get from some of these computer experts is that there is no such thing as absolutely perfect software that doesn't have any errors in it. that is a scary message for people who got millions of dollars on the line with some of these software programs that are trading at such high frequency in the market these days. they also heard a variety of reform pro p pofls including this idea from lou pastina from the new york stock exchange. >> we believe a kill switch could be designed at the exchange level that would halt quoting and trading activity of a broker dealer if it exceeded the established peak net notion of value threshold set by the broker dealer. >> another issue tha
government doing to restore confidence? they're hosting a roundtable to discuss technology and training. we are joined live from washington, d.c. with more on that. aman. >> it's a day-long roundtable ongoing right now. they're hearing from a variety of industry experts from exchanges and from players who are buying and selling stocks. the message that they get from some of these computer experts is that there is no such thing as absolutely perfect software that doesn't have any errors in...
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in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> the panic in apple is thick. everyone has decided it's finished, right, it's going down, down, down. every day it's going down. all i heard today is today it broke the 50-day moving average. as if somehow the company that steve jobs created is entirely independent in the end on a chart. how about this? if you don't own any, if you luck into some, you know my view about apple. it's an investment, not a trade. pe
in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> the panic in apple is...
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government. it's in an important market around the world, and it creates 400 jobs in the u.s. >> let me be more specific. are we in any way giving the chinese a technology that they didn't have before, that depletes our competitive edge in the future? >> no, look, you're afraid of china; i'm not. we see them as a big market and a big opportunity. >> one thing immelt is promoting that the president did not include in his jobs package is lowering the corporate tax rate from the current 35%, even though companies like g.e. rarely pay that much. one of the things that g.e. and you get hammered for is how little taxes g.e. pays. it's not quite zero, but it's pretty low. >> you know, we've had an extraordinary couple of years. we wrote off $32 billion during the financial crisis. i think that we should have basically the same tax policy that germany, japan, the u.k., everybody else has, which is a tax rate in the mid-20s and no loopholes, zero. the u.s. has the most antiquated tax system. and that mean
government. it's in an important market around the world, and it creates 400 jobs in the u.s. >> let me be more specific. are we in any way giving the chinese a technology that they didn't have before, that depletes our competitive edge in the future? >> no, look, you're afraid of china; i'm not. we see them as a big market and a big opportunity. >> one thing immelt is promoting that the president did not include in his jobs package is lowering the corporate tax rate from the...
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sitting on the board of cisco and ceo john chambers recently said whoever wins this election should govern like bill clinton as he spoke about clinton's effectiveness. what's going on from your view sitting on the board of cisco, having the experience that you've had at yahoo! tell me how you see the environment changes and where specifically you would expect growth to happen in technology in the next five years. >> well, i think technology in general -- probably the biggest challenge is not so much the social interactions but everybody's talking so much about data. data is very, very hard to mine correctly. so i think you're going to see a push back towards a lot of enterprise apps that really figure out how it get information to the companies so they can actually be more personalized for the user, but easy to say, a lot to do. >> and really quick, on what you're seeing out there, how tough is europe right now for technology? what are you seeing in terms of the global slow down? >> well, europe continues to baffle us in general in technology. it looks like it's getting softer, not stronge
sitting on the board of cisco and ceo john chambers recently said whoever wins this election should govern like bill clinton as he spoke about clinton's effectiveness. what's going on from your view sitting on the board of cisco, having the experience that you've had at yahoo! tell me how you see the environment changes and where specifically you would expect growth to happen in technology in the next five years. >> well, i think technology in general -- probably the biggest challenge is...
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they are not complaining the government. >> now, bill, zoom in here. at this particular gas station, the owners have put up signs saying sorry, it's not our fault. we are hearing that some stations that are out have been resupplied but some are only getting half orders. maybe you better get your bass by lunch time or mid afternoon if you don't want to run short somewhere. a consortium has asked the state resources board to give them a waiver so they can use other types of gasoline not usually allowed in california. the resources board tells us they are still considering that issue. back to you. >> jane, thank you. >>> so what must happen to get individual investors to come back into a market, a market that keeps on rising and are more layoffs coming on wall street? kayla tausche is on the case. >> we've been talking all day about job growth. it is happening everywhere but wall street. we'll give you the layoff landscape and hiring picture for the overall financial industry coming up. a crash management system and the world's only tridion safety cell wh
they are not complaining the government. >> now, bill, zoom in here. at this particular gas station, the owners have put up signs saying sorry, it's not our fault. we are hearing that some stations that are out have been resupplied but some are only getting half orders. maybe you better get your bass by lunch time or mid afternoon if you don't want to run short somewhere. a consortium has asked the state resources board to give them a waiver so they can use other types of gasoline not...
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in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value of spending time together
in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. zagat just gave hertz its top rating in...
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i trust the balance sheets of corporate america far more than i trust the government's balance sheet. this is hardly a reckless position and would encourage companies to reward shareholders by issuing and raising dividends. i would actually raise the tax make up for that lost revenue because i'm not irresponsible and reckless. i would actually raise the tax on capital gains. why? you get gains when you sell stocks. i don't want people to sell stocks. i want them to own stocks, not sell them. plus if you raised the tax on capital gains, the company that do these stupid buybacks would continue to do them, continue to waste is the shareholders' money like they do now. put the money in the owners' pockets, not the sellers' pockets, by encouraging saving, not flipping. point number two, we have to clean up these markets. clean up the markets and encourage people on the sidelines to come back in. make them. clean up the stables, like hercules. i would do that by appointing preet bharara as attorney general of the united states of america and have him go after all of these insider traders an
i trust the balance sheets of corporate america far more than i trust the government's balance sheet. this is hardly a reckless position and would encourage companies to reward shareholders by issuing and raising dividends. i would actually raise the tax make up for that lost revenue because i'm not irresponsible and reckless. i would actually raise the tax on capital gains. why? you get gains when you sell stocks. i don't want people to sell stocks. i want them to own stocks, not sell them....
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. >>> used to seeing the federal debt clock, forget the government. here is a city with 21 billion of red ink just for pen eggses and put residents on in the, we need to fix our things or your property taxes will be tripled. guess which city this is. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready for
. >>> used to seeing the federal debt clock, forget the government. here is a city with 21 billion of red ink just for pen eggses and put residents on in the, we need to fix our things or your property taxes will be tripled. guess which city this is. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education....
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Oct 4, 2012
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, and governing. with an emphasis throughout on differences, specifics, and choices. both candidates will also have two-minute closing statements. the audience here in the hall has promised to remain silent. no cheers, applause, boos, hisses among other noisy distracting things so we may all concentrate on what the candidates have to say. there is a noise exception right now, though, as we welcome president obama and governor romney. [ applause ] >> jim. >> gentlemen, welcome to you both. let's start with the economy. segment one. and let's begin with jobs. what are the major differences between the two of you about how you would go about creating new jobs? you have two minutes -- each of you have two minutes to start. a coin toss has determined. mr. president you will go first. >> thank you, jim for this opportunity. i want to thank governor romney and the university of denver for your hospitality. there are a lot of points i want to make tonight, but the most important one is 20 years ago i became t
, and governing. with an emphasis throughout on differences, specifics, and choices. both candidates will also have two-minute closing statements. the audience here in the hall has promised to remain silent. no cheers, applause, boos, hisses among other noisy distracting things so we may all concentrate on what the candidates have to say. there is a noise exception right now, though, as we welcome president obama and governor romney. [ applause ] >> jim. >> gentlemen, welcome to you...
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that a bigger government, spending more, taxing more, regulating more, if you will, trickle down government would work. >> mitt romney during the debate, intrade contracts all over the place during his exchanges with president obama. and i guess we've been in the twitter world unbeknownst for me for a while. >> i can't believe you figured it out part way through. >> i was looking at blogs, trying to see what people -- whether i could get any immediate reaction to how it was going. and then i check my e-mail and it said matt mentioned you in a twitter thing. and i'm going -- and then it occurred to me, shy see what people on twitter are saying. and then i did it and it opened up the world.i should see what people on twitter are saying. and then i did it and it opened up the world. >> the one thing i decided is i don't follow enough people. i wanted even more. i follow 181 people. today i'm going to add another 100 people because i wanted more last night. >> and i never thought i would follow bill maher necessarily. and now i realize that a cutting edge comedian, even with someone he loves, h
that a bigger government, spending more, taxing more, regulating more, if you will, trickle down government would work. >> mitt romney during the debate, intrade contracts all over the place during his exchanges with president obama. and i guess we've been in the twitter world unbeknownst for me for a while. >> i can't believe you figured it out part way through. >> i was looking at blogs, trying to see what people -- whether i could get any immediate reaction to how it was...
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they don't need a government report. it does get a lot of attention and we got a race that's plainly at this point even though obama still has a slight advantage in the battleground states this race can go either way. >> interesting. then we got the governor, of course, speaking at vmi about foreign policy, an area for which a little while he appeared to want to take the campaign, at least before the debate. how ground moving is this? >> reporter: i don't think it's very ground moving. it's not what people will vote on. for romney it's an effort to press a leadership advantage which may be one of the things that move the numbers for him after the debate. he looks strong on the stage with president obama. he took the fight to obama. obama was a little bit more passive. but ultimately the economy, i believe, carl, is going to be what drives the result. >> if anyone who watched snl over the weekend knows the president wasn't that passive. thanks, john, we'll see you later, john harwood in washington. netflix is up 10%, 30%
they don't need a government report. it does get a lot of attention and we got a race that's plainly at this point even though obama still has a slight advantage in the battleground states this race can go either way. >> interesting. then we got the governor, of course, speaking at vmi about foreign policy, an area for which a little while he appeared to want to take the campaign, at least before the debate. how ground moving is this? >> reporter: i don't think it's very ground...
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that makes sense, good at growing government and good at being part of government but i don't know -- >> the right person in that office could do wonders for this country. >> it should be about jobs. it shouldn't be about taxes. it should be about jobs, jobs, jobs. donald trump, thank you. >> so long, so long, sam. >> bye-bye now. >>> coming up next, bill ackman's big investing idea the activist fund manager joining to us discuss where he's putting his money to work plus why he's putting pressure on p&g to get rid of the company's ceo, that interview coming up after the break. [ male announcer ] for the saver, and a big first step. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at
that makes sense, good at growing government and good at being part of government but i don't know -- >> the right person in that office could do wonders for this country. >> it should be about jobs. it shouldn't be about taxes. it should be about jobs, jobs, jobs. donald trump, thank you. >> so long, so long, sam. >> bye-bye now. >>> coming up next, bill ackman's big investing idea the activist fund manager joining to us discuss where he's putting his money to...
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what are you going to do to turn around the chinese government, the chinese government to buy more coal, doing know. but today you can see a nice little move up. >> at least in that sector, the cause and effect is a little more clear. thanks, bob. of course, the markets, are they getting a boost after last night. we're joined here at post 9. good to see you as always. what do you make of the argument that this is somehow related to the race for the white house? >> you know, i think investors are looking for any opportunity to buy into the market. we've seen the waves trend higher an higher. there have been cell signal-- s signals. everyone was expecting some resort. >> is there much hesitancy for investors? >> i think there's still signals to stay in this market. we have a lot. like you said, earnings season, we still have a lot of economic data, jobs numbers coming out tomorrow. investors want to be in this market. i think reason for them to stay in the market, the magnetic effect is still here. >> a couple of weeks ago the journal has said o those who have ridden the rally are going t
what are you going to do to turn around the chinese government, the chinese government to buy more coal, doing know. but today you can see a nice little move up. >> at least in that sector, the cause and effect is a little more clear. thanks, bob. of course, the markets, are they getting a boost after last night. we're joined here at post 9. good to see you as always. what do you make of the argument that this is somehow related to the race for the white house? >> you know, i think...
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he said 4 million is reasonable, but the federal government is not being helpful. i know you favor all sort of energy, solar, fantastic. what do you say about the 4 million? >> actually, a say that we need to create more jobs across the board and particularly, highly skilled people to work in the refinery and production areas where we're finding more energy and we have to have a balance, so i'm totally for that. i encourage more a perennisship programs and training in that area. we have a high need for welders and people working in refineries and i'm all for paying for those jobs and looking at other alternative forms of energy and we have to have a balance of both. >> the unemployment rate falling below 8% for the first time since january 2009 and i'm sure the labor department was hearing about that this morning. at the same time, can you tell the american people that this 7.8 number marks the turnaround that we have seen the worse when it comes to the labor market. i would say we still have a ways to go and we have it well below 12 million and we have to continue
he said 4 million is reasonable, but the federal government is not being helpful. i know you favor all sort of energy, solar, fantastic. what do you say about the 4 million? >> actually, a say that we need to create more jobs across the board and particularly, highly skilled people to work in the refinery and production areas where we're finding more energy and we have to have a balance, so i'm totally for that. i encourage more a perennisship programs and training in that area. we have a...
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the government has been losing jobs. we can argue about the thousands here, 1,000 here, 10,000 there, the economy has been growing at 1.5 to 2%. in the 150, 160,000 range. the better argument for the future would be one where we're arguing over 250 versus 150. >> steve, you know what i find fascinating? it seems as though we just keep shaving the curve a bit when data is doing better several months ago. we were too optimistic. when data started to do reversals of late, maybe we were too pessimistic. we're in the middle zone. 162,000, it might be better than they were expecting. currently on jobses we've averaged a smidgen for the third quarter. i guess in the end the numbers give me confidence because it is a bigger part of the economy. but none of this is to write home about on the recession side. >> my perspective is i'm afraid we're falling off a cliff. the ism numbers don't tell us that. it shows that we're in a modest area and recession is not around the corner. but let's say your test is putting millions back to wo
the government has been losing jobs. we can argue about the thousands here, 1,000 here, 10,000 there, the economy has been growing at 1.5 to 2%. in the 150, 160,000 range. the better argument for the future would be one where we're arguing over 250 versus 150. >> steve, you know what i find fascinating? it seems as though we just keep shaving the curve a bit when data is doing better several months ago. we were too optimistic. when data started to do reversals of late, maybe we were too...
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so you don't say the government's lying. you can't say that. yet if you add in two months more government workers than at any it time since 1948 for the past two months, the government can do -- >> but that goes to his point the u-6 number is -- i don't know if it's more accurate. >> it's broader and takes in to account the part-time workers that don't want to be part-time. they want the full-time job. so it's a broader measure of giving us the breadth of the labor market and the health of it and that's why when i say the unchanged number, i sort of ignored the headline number and didn't think it was that big of a deal. >> normally we'd focus on the 114, but, man, when you can go to 7.8 -- accoucan the fundamen catch up with where the market is? can it just tread water and the full fundamentals come up? >> look at all the global printing. >> all right. we have to go. jeff, you'll just have to agree with peter on this one. >> okay. see you next time. >>> if you have any comment ors questi question, e-mail us. still ahead, did you ever wonder how
so you don't say the government's lying. you can't say that. yet if you add in two months more government workers than at any it time since 1948 for the past two months, the government can do -- >> but that goes to his point the u-6 number is -- i don't know if it's more accurate. >> it's broader and takes in to account the part-time workers that don't want to be part-time. they want the full-time job. so it's a broader measure of giving us the breadth of the labor market and the...
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government in anti-trust when they decided he was one more civil servant, that was the top. government plays for keeps, and never mess with the person who works because they care, i suppose, for the money. >> unlimited check and a lot of lawyers. >> one certain wells fargo lawsuit? >> i thought that was a very -- wells fargo, i think the world of management there has stunk but michael corleone explained to us earlier when he saw that man blow himself up in cuba you cannot go against people who play for free and care, that was still one more great business lesson from the godfather, the greatest business movie of all-time, "godfather ii" the good to great, great to better. "you broke my heart." >> we'll talk more about wells and get more clarity on the quarter, david, coming up on friday. >> yes. >>> meantime after surging 40% this year, home depot getting a downgrade. we'll talk to the analyst making that call. >>> also ahead wall street and main street waiting for apple's mini version of the ipad. does it have something in common with pizza and sex? we'll meet the guest who
government in anti-trust when they decided he was one more civil servant, that was the top. government plays for keeps, and never mess with the person who works because they care, i suppose, for the money. >> unlimited check and a lot of lawyers. >> one certain wells fargo lawsuit? >> i thought that was a very -- wells fargo, i think the world of management there has stunk but michael corleone explained to us earlier when he saw that man blow himself up in cuba you cannot go...
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we don't need the government to do anything. >> right. >> we just need the government to make sure that there are no bad players. >> but, jim, for a while, we weren't -- there was a stated intention to not add to infrastructure for hydrocarbon based energy. that's where we were four years ago. we had to get completely reject that notion. do it now. >> with respect to natural gas, it's all privately funded. it's not government funded. >> right. okay. >>> we've got to run. we're going to come back shortly. when we come back, we're going to talk baseball and politics after the break. and every day since, we've worked hard to keep it. bp has paid over twenty-three billion dollars to help people and businesses who were affected, and to cover cleanup costs. today, the beaches and gulf are open for everyone to enjoy -- and many areas are reporting their best tourism seasons in years. we've shared what we've learned with governments and across the industry so we can all produce energy more safely. i want you to know, there's another commitment bp takes just as seriously: our commitment to ameri
we don't need the government to do anything. >> right. >> we just need the government to make sure that there are no bad players. >> but, jim, for a while, we weren't -- there was a stated intention to not add to infrastructure for hydrocarbon based energy. that's where we were four years ago. we had to get completely reject that notion. do it now. >> with respect to natural gas, it's all privately funded. it's not government funded. >> right. okay. >>>...
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whoever the government is that made it so hard to buy also made it easy to buy. >> the banks are doing it on their own. five, six years they were willing to lend to anyone. >> sorry. >> go ahead. >> that was pointed out by the citi note that underwriters are much tighter these days. so the risk is we have all the starts and the home builders are doing well but they will reach the point where the buyers can't get the credit they need and demand is gone. >> that's why when the toll brothers made it, they were in the process. it is one of those things, why aren't more people using the money and bernanke -- go buy a house, chairman. chairman bernanke, go buy an apartment for rental. what you'll see is unless you pay in cash or cut out the banks entirely and that hurts the rate of return, unless you're paying crash you'll tie yourself up for a really long time. evil gains are feeding into things. i do need to modulate here in the risk of the parts of corporations and the banks doing a 180. this is trauma from the financial corporation, which is okay. you want them to have some memory of it.
whoever the government is that made it so hard to buy also made it easy to buy. >> the banks are doing it on their own. five, six years they were willing to lend to anyone. >> sorry. >> go ahead. >> that was pointed out by the citi note that underwriters are much tighter these days. so the risk is we have all the starts and the home builders are doing well but they will reach the point where the buyers can't get the credit they need and demand is gone. >> that's...
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they are also blaming less government spending in europe on health care. also lack of reimbursements for medicare programs here in the united states. as you can see, it is down 18% at 86.60. back to you. >> wow, what a movement. thank you. >>> can you take the pain on apple, down about 9% since the iphone 5 went on sale. is it about fundamentals or something else behind the tech darling's big fallback. >>> also ahead, the game risk, no, it is not the handy board game, but big money is at stake with more regulation. find out how it can put the financial system in jeopardy. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. we don't call this our company, we call this our mission. green toys teaches children that if i have a milk jug and i stick it in the recycling
they are also blaming less government spending in europe on health care. also lack of reimbursements for medicare programs here in the united states. as you can see, it is down 18% at 86.60. back to you. >> wow, what a movement. thank you. >>> can you take the pain on apple, down about 9% since the iphone 5 went on sale. is it about fundamentals or something else behind the tech darling's big fallback. >>> also ahead, the game risk, no, it is not the handy board game,...
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. >> spain spends 42% of their total economy on government. we're now spending 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> all right. i don't want -- >> no, no. >> i can imagine it would seem offensive. here is the question had it comes to his words versus the president's words. the president, everyone hangs on every syllable or consonant. mitt romney, does he have more latitude or is he under the same microscope over seize? >> he is not under the same microscope. some of the things he's said in the past before that comment about spain, for instance, about the palestinians and how israelis are somehow implying culturally business minded where as the palestinians are not and some of the things he said regarding russia, for instance, that it is america's number one geopolitical foe, and those have been framed in the foreign press and other countries outside of the united states as gaffes by someo
. >> spain spends 42% of their total economy on government. we're now spending 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> all right. i don't want -- >> no, no. >> i can imagine it would seem offensive. here is the question had it comes to his words versus the president's words. the president, everyone hangs on every...
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and the government should give it to them. and they will vote for this president no matter what. >> last night, two and a half weeks after that tape surfaced, government romney went on fox news where he was asked how he would have answered if the tape had come up in wednesday's debate. here's part of his answer. >> clearly in a campaign with hundreds, if not thousands of speeches and question and answer sessions, now and then you're going to say something that doesn't come out right. in this case i said something that's just completely wrong. >> he said "completely wrong." that's completely weird namely because the night the tape aired, mr. romney rushed to a microphone to defend his 47% remarks. he kept defending them and hounded supporters for days after that. >> it's not elegantly stated, let me put it that way. i'm speaking off the cuff in response to a question, and i'm sure i could state it more clearly in a more effective way. >> the point of all this is the size of government is too big, and if we don't do something ab
and the government should give it to them. and they will vote for this president no matter what. >> last night, two and a half weeks after that tape surfaced, government romney went on fox news where he was asked how he would have answered if the tape had come up in wednesday's debate. here's part of his answer. >> clearly in a campaign with hundreds, if not thousands of speeches and question and answer sessions, now and then you're going to say something that doesn't come out...
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but the fact is the role of government and governing, we've lost a pod in other words. so we only have three minutes left in the debate before we go to your closing statements. and so, i want to ask finally here -- and remember, we've got three minutes total time here. and the question is this. many of the legislative functions of the federal government right now are in a state of paralysis as a result of partisan gridlock. if elected in your case, if re-elected in your case, what would you do about that? governor? >> jim, i had the great experience, it didn't seem like it at the time, of being elected in a state where my legislature was 87% democrat. and that meant i figured out from day one i had to get along and i had to work across the aisle to get anything done. we drove our schools to be number one in the nation. we cut taxes 19 times. >> what would you do as president? >> as president i will sit down on day one, actually the day after i get elected, i'll sit down with leaders, the democratic leaders as well as republican leaders, as we did in my state, we met eve
but the fact is the role of government and governing, we've lost a pod in other words. so we only have three minutes left in the debate before we go to your closing statements. and so, i want to ask finally here -- and remember, we've got three minutes total time here. and the question is this. many of the legislative functions of the federal government right now are in a state of paralysis as a result of partisan gridlock. if elected in your case, if re-elected in your case, what would you do...
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not on government land. on government land your administration has cut the number of permits and licenses in half. if i'm president, i'll double them, and also get the oil from offer shore and alaska and i'll bring that pipeline in from cana canada, and, by the way, i like coal. i'm going to make sure we can continue to burn clean coal. people in the coal industry feel like it's getting crushed by your policies. i want to get america and north america energy-independent, so we can create those jobs. finally, with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deaf deficit, but i do want to reduce the burden being paid by middle income americans, and to do that that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. >> mr. president? >> l
not on government land. on government land your administration has cut the number of permits and licenses in half. if i'm president, i'll double them, and also get the oil from offer shore and alaska and i'll bring that pipeline in from cana canada, and, by the way, i like coal. i'm going to make sure we can continue to burn clean coal. people in the coal industry feel like it's getting crushed by your policies. i want to get america and north america energy-independent, so we can create those...
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it doesn't matter if you support the opposition or the government. many fear that this election race could be so close that one or the other party may not accept the eventual outcome. chavez himself has hinted that perhaps the opposition will cause trouble if the election is close and they lose. he's being mischievous in saying that. saying we have no intention of causing any trouble. as i said, closely contested election. more so than the last 14 years. >> interesting news. now, let's check in with and anderson cooper. >> we are keeping them honest tonight on the program. the tweet that launched a conspiracy, jack welch tweeted this morning about today's jobs nurl, quote, unbelievable jobs numbers. the chicago guys will do anything. it is a huge claim that of course set the political financial world abuzz. we're going the talk to jack welch live about it when he joins me at the top of the hour. also, tonight, how one woman's alleged lie working in a crime lab in massachusetts is calling into question, get this. 34,000 criminal cases. 34,000. people
it doesn't matter if you support the opposition or the government. many fear that this election race could be so close that one or the other party may not accept the eventual outcome. chavez himself has hinted that perhaps the opposition will cause trouble if the election is close and they lose. he's being mischievous in saying that. saying we have no intention of causing any trouble. as i said, closely contested election. more so than the last 14 years. >> interesting news. now, let's...
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now, this area is used by rebel forces defending themselves against the government's heavy artillery. this location is about 55 kilometers northwest of hama, with the ruins here dating back to the romans and byzantine periods, and the site is known for its ancient columns. the looters took the treasures, selling them. and then there is the older city of aleppo, known for culture and development, and home to the oldest culture in the world, dating back to the 12th century. last week, that market was burned during fierce fighting. precious, ancient treasures, that belong to the world, not just to syria, once preserved and admired. now, some gone forever, destroyed by war. cnn. >>> how much do you need the internet? if being without the web makes you feel a little anxious, well, you may have a mental illness. we'll discuss next. like parmesan crusted shrimp just $14.99. i'm ryan isabell and i sea food differently. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because t
now, this area is used by rebel forces defending themselves against the government's heavy artillery. this location is about 55 kilometers northwest of hama, with the ruins here dating back to the romans and byzantine periods, and the site is known for its ancient columns. the looters took the treasures, selling them. and then there is the older city of aleppo, known for culture and development, and home to the oldest culture in the world, dating back to the 12th century. last week, that market...
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i've been through a lot of stuff with the federal government, the '80s, the steroid controversy. the divorce, the tare x. never have i been this embarrassed and never my world turned upside down, and without knowledge that someone would put a camera. poor choice, hey, did i that. >> this is years old? >> i have been married five years. probably six years old or more. >> you didn't know you were videotaped? >> no, i didn't know there was a camera set up. >> do you know who betrayed you? >> at this point, no. tmz, fact-finding mission and at this point, they have become a legitimate source, they are pointing to a good friend of mine. to this day, i would have to see the tape to believe that i haven't seen the tape, they say there is a verbal reference on camera appearance, after i'm gone that, you know, puts him in the hot seat. but he's such a close friend, i would have to see that to believe it. >> let's move on. >> yes, sir. >> the elephant out of the room. disappearing off over the hills, back to the prairie. let's talk about politics. are you an obama man. switching to mitt ro
i've been through a lot of stuff with the federal government, the '80s, the steroid controversy. the divorce, the tare x. never have i been this embarrassed and never my world turned upside down, and without knowledge that someone would put a camera. poor choice, hey, did i that. >> this is years old? >> i have been married five years. probably six years old or more. >> you didn't know you were videotaped? >> no, i didn't know there was a camera set up. >> do you...
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they have been rolled back to some degree by government backed by tribal militias in recent months but they still present a big problem in yemen. indeed, they are viewed as the most operationally active branch of al qaeda, if you will, al qaeda in the arabian peninsula. we don't know who the arguments were this time, but very likely high on the target list would ibrahim al siri. he has made bombs and is a very feared al qaeda member. he made the underpants bomb, other bombs. so at this stage, five killed, five suspected al qaeda members killed. exactly who they are, we don't know yet. >>> legalization of marijuana is on the ballot of many states this year. and some of you have some truly high expectations, mile-high ones. we'll be back. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our s
they have been rolled back to some degree by government backed by tribal militias in recent months but they still present a big problem in yemen. indeed, they are viewed as the most operationally active branch of al qaeda, if you will, al qaeda in the arabian peninsula. we don't know who the arguments were this time, but very likely high on the target list would ibrahim al siri. he has made bombs and is a very feared al qaeda member. he made the underpants bomb, other bombs. so at this stage,...
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if he did that nationwide, he would not only win the presidency big but would get a mandate to govern but would have a lot of senators down ticket that would win with him. that would make him a much stronger president. i think now the likelihood of winning big have largely evaporated and it's likely we will have a much closer election now. the president obviously is still favored, but we have got a horse race. >> that's what makes these races so interesting, gloria, is how the narrative changes. it used to be months, from one month to the next. it's now overnight. last week was 47%, now it's this, who knows what it will be next week when the vice president debates. one piece of david axelrod's response is that the president was basically taking the high road last night which almost makes it sound like the president's performance was a conscious tactical decision. do you buy that? >> i don't think they consciously decided to lose this debate and i don't think david axelrod is going to come out and say you know what, the president really blew it last night, although as jessica pointed o
if he did that nationwide, he would not only win the presidency big but would get a mandate to govern but would have a lot of senators down ticket that would win with him. that would make him a much stronger president. i think now the likelihood of winning big have largely evaporated and it's likely we will have a much closer election now. the president obviously is still favored, but we have got a horse race. >> that's what makes these races so interesting, gloria, is how the narrative...
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his attorney asked the government to return two prosthetics taken from him as he flew with other suspects from the uk to new york. his attorney said without the limbs, he won't be able to function in a civilized manner. he fought extradition for years in the uk and europe and is accused in a 1998 kidnapping in yemen, plotting to put a terrorist training camp in oregon and supporting violent jihad in afghanistan. the federal magistrate ordered him held on arraignment for tuesday. two of the men who were flown in overnight with him did enter not guilty pleas at an earlier proceeding. they are charged with conspiring to kill americans in the east african embassy bombings in 1998 which caused the deaths of 224 people and injured thousands of others. two other men accused of fund-raising for terrorism through the internet entered not guilty pleas in a connecticut court. if convicted, he faces life in prison. the defendants are facing trial in american civilian courts, not in military court, as in guantanamo bay, because that was the criteria for european justice to agree to extradite. don? >>
his attorney asked the government to return two prosthetics taken from him as he flew with other suspects from the uk to new york. his attorney said without the limbs, he won't be able to function in a civilized manner. he fought extradition for years in the uk and europe and is accused in a 1998 kidnapping in yemen, plotting to put a terrorist training camp in oregon and supporting violent jihad in afghanistan. the federal magistrate ordered him held on arraignment for tuesday. two of the men...
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government to calm any concerns, but think about it. there have been other high-ranking iranian defections to other countries recently and it is a sign that the people there probably are getting nervous in this last year of ahmadinejad's tenure. >> interesting. we'll see what happens. deb feyerick, thanks. >>> the d.c. sniper is speaking out about the shooting spree that gripped the nation's capital and claimed ten lives. tomorrow marks a decade since the start of the attacks. now lee boyd malvo is speaking out about his crime. >> i was a monster. i mean, you look up the definition, that's what a monster is. >>> crazy collision between a skateboarder and a deer during a race in colorado. luckily, no one was hurt. we'll have the story behind this unbelievable video next. you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameri
government to calm any concerns, but think about it. there have been other high-ranking iranian defections to other countries recently and it is a sign that the people there probably are getting nervous in this last year of ahmadinejad's tenure. >> interesting. we'll see what happens. deb feyerick, thanks. >>> the d.c. sniper is speaking out about the shooting spree that gripped the nation's capital and claimed ten lives. tomorrow marks a decade since the start of the attacks....
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>>> first, can computer geeks fix your government? dr. sanjay gupta profiles one woman who says a solution can be found in the exploding world of smartphone apps. >> most people have seen that geeks have changed the world so much in the past 10 or 20 years that they haven't changed government yet. we get people to take a year off. it is designers, product managers, people from the technical industries, and we get them to work with people in city hall to solve problems in the cities for a year. >> she wants to fix local government one smartphone app at a time. this sunday on "the next list." how do you get from here... let's say you want to get ahead in your career. to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. in fact, by thinking about where you want your education to lead, while you're still in school, you might find the best route leads somewhere you weren't even looking. let's get to work. [ male announcer ] the all-new lexus es comes with a story still untold. ♪ pl
>>> first, can computer geeks fix your government? dr. sanjay gupta profiles one woman who says a solution can be found in the exploding world of smartphone apps. >> most people have seen that geeks have changed the world so much in the past 10 or 20 years that they haven't changed government yet. we get people to take a year off. it is designers, product managers, people from the technical industries, and we get them to work with people in city hall to solve problems in the...
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government did. according to the national archive back in the 1950s the u.s. air force tried to build a supersonic saucer that could reach a speed mock four. for reasons unknown, production was abruptly halted in 1959. >>> a soldier who fought for this country is now fighting against it for a good cause. trying to get a controversial law changed so she can take care of her family. hear her emotional story next. ♪ ♪ ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ] >> the defense of marriage act has been under fire since it was first passed back in the mid 1990s. it basically says that same-sex couples get no federal benef
government did. according to the national archive back in the 1950s the u.s. air force tried to build a supersonic saucer that could reach a speed mock four. for reasons unknown, production was abruptly halted in 1959. >>> a soldier who fought for this country is now fighting against it for a good cause. trying to get a controversial law changed so she can take care of her family. hear her emotional story next. ♪ ♪ ♪ hi dad. many years from now, when the subaru is theirs... hey....
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i know another company was taken over by the chavez government. and the reality is that nobody really knows what is going to happen. so that's something that can be expected in the next six years. >> here is why we care and why we're talking about it. gas, oil, right? let me look down. they're the fourth largest exporter of oil to the united states. one of the top oil producing countries in the world but more than 35% of the population lives below the poverty line. as paula mentioned, economists are worried they could go off the cliff here. she mentioned default in a couple of months. listen to what some economists are saying. >> they have already reached point where the current situation can't continue, a continuation of the current policy framework could culminate in a crisis effectively. >> right now, at least, we need the oil when you hear the precarious situation that is their economy, should we be worried? >> i find the situation very ironic. we, the united states, get about 8% to 9% of the oil from venezuela, a socialist country. venezuela,
i know another company was taken over by the chavez government. and the reality is that nobody really knows what is going to happen. so that's something that can be expected in the next six years. >> here is why we care and why we're talking about it. gas, oil, right? let me look down. they're the fourth largest exporter of oil to the united states. one of the top oil producing countries in the world but more than 35% of the population lives below the poverty line. as paula mentioned,...
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-- to depend on government. it would have to be distorted. if he con flated those two things and you didn't understand what he was saying and that was a room full of people who clearly understood what he was saying, the reason the president has to keep talking about is because he cannot run on his record where 23 million people cannot get jobs. where one out of six people live in poverty. where the cost of everything is going up from health care premiums that he promised would go down to energy. and the value of life savings has been depleted. the obama recovery is worse than the bush recession. median incomes have declined at twice the rate in the obama recovery. >> wolf, the reason you hear mary having to struggle to explain what we know exactly what mitt romney said is because she's trying to get away from what he actually said. the fact that he had to sit there and say i was wrong is an admission that he has been hurt by those particular comments. now, we can sit here and try to, oh, let me explain or interp
-- to depend on government. it would have to be distorted. if he con flated those two things and you didn't understand what he was saying and that was a room full of people who clearly understood what he was saying, the reason the president has to keep talking about is because he cannot run on his record where 23 million people cannot get jobs. where one out of six people live in poverty. where the cost of everything is going up from health care premiums that he promised would go down to...